+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Aircraft Engines Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323217
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • AVIC Aircraft
  • Continental Motors Group
  • Hindustan Aeronautics
  • Klimov
  • MTU Aero Engines
  • Safran
  • MORE
Aircraft Engines Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global aircraft engines market as it emerges from the COVID-19 shut down.



Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for the aircraft engines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Aircraft Engine market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aircraft engines market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The aircraft engines market section of the report gives context. It compares the aircraft engines market with other segments of the aircraft engines market by size and growth, historic and forecast.
Scope

Markets Covered:

1) By Type: Turboprop; Turboshaft; Turbofan; Piston Engine2) By Technology: Conventional Engine; Electric/Hybrid 3) By Platform: Fixed Wing; Rotary Wing4) By Application: General Aviation; Business Aviation; Recreational Aviation; Others

Companies Mentioned: General Electric Company; Rolls Royce; Honeywell International; United Technologies Corporation; Safran

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This product will be delivered in 1-3 business days
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AVIC Aircraft
  • Continental Motors Group
  • Hindustan Aeronautics
  • Klimov
  • MTU Aero Engines
  • Safran
  • MORE
1. Executive Summary

2. Aircraft Engines Market Characteristics

3. Aircraft Engines Market Trends and Strategies

4. Impact of COVID-19 on Aircraft Engines

5. Aircraft Engines Market Size and Growth
5.1. Global Aircraft Engines Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Aircraft Engines Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Aircraft Engines Market Segmentation
6.1. Global Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Turboprop
  • Turboshaft
  • Turbofan
  • Piston Engine
6.2. Global Aircraft Engines Market, Segmentation by Technology, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Conventional Engine
  • Electric/Hybrid
6.3. Global Aircraft Engines Market, Segmentation by Platform, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Fixed Wing
  • Rotary Wing
6.4. Global Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • General Aviation
  • Business Aviation
  • Recreational Aviation
  • Others
7. Aircraft Engines Market Regional and Country Analysis
7.1. Global Aircraft Engines Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Aircraft Engines Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Aircraft Engines Market
8.1. Asia-Pacific Aircraft Engines Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Aircraft Engines Market
9.1. China Aircraft Engines Market Overview
9.2. China Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Aircraft Engines Market
10.1. India Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Aircraft Engines Market
11.1. Japan Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Aircraft Engines Market
12.1. Australia Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Aircraft Engines Market
13.1. Indonesia Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Aircraft Engines Market
14.1. South Korea Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Aircraft Engines Market
15.1. Western Europe Aircraft Engines Market Overview
15.2. Western Europe Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Aircraft Engines Market
16.1. UK Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Aircraft Engines Market
17.1. Germany Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Aircraft Engines Market
18.4. France Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Aircraft Engines Market
19.1. Eastern Europe Aircraft Engines Market Overview
19.2. Eastern Europe Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Aircraft Engines Market
20.1. Russia Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Aircraft Engines Market
21.1. North America Aircraft Engines Market Overview
21.2. North America Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Aircraft Engines Market
22.1. USA Aircraft Engines Market Overview
22.2. USA Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Aircraft Engines Market
23.1. South America Aircraft Engines Market Overview
23.2. South America Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Aircraft Engines Market
24.1. Brazil Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Aircraft Engines Market
25.1. Middle East Aircraft Engines Market Overview
25.2. Middle East Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Aircraft Engines Market
26.1. Africa Aircraft Engines Market Overview
26.2. Africa Aircraft Engines Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Aircraft Engines Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Aircraft Engines Market Competitive Landscape and Company Profiles
27.1. Aircraft Engines Market Competitive Landscape
27.2. Aircraft Engines Market Company Profiles
27.2.1. General Electric Company
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Rolls Royce
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Honeywell International
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. United Technologies Corporation
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Safran
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

29. Key Mergers and Acquisitions in the Aircraft Engines Market

29. Aircraft Engines Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AVIC Aircraft
  • Continental Motors Group
  • Hindustan Aeronautics
  • Klimov
  • MTU Aero Engines
  • Safran
  • MORE
Major players in the aircraft engines market are General Electric Company, Rolls Royce, Honeywell International, United Technologies Corporation, Safran, International Aero Engines, MTU Aero Engines, Textron, Hindustan Aeronautics, and Klimov.

The global aircraft engines market is expected to grow from $59.65 billion in 2020 to $67.21 billion in 2021 at a compound annual growth rate (CAGR) of 12.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $91.28 billion in 2025 at a CAGR of 8%.

The aircraft engines market consists of sales of aircraft engines and related services by entities (organizations, sole traders or partnerships) that produce aircraft engines. An aircraft engine is a component of propulsion system that generates mechanical power to run the aircraft. Only goods and services traded between entities or sold to end consumers are included.

The integration of 3D printed parts in aircraft engines is a key trend gaining the popularity in the aircraft engines market. Companies are increasingly using 3D printing technology in aircraft engines as 3D printing-based production for aviation to reduce fuel usage and material costs. In January 2020, GE Aviation has revealed that the first aircraft of its 777X jet, operated by twin GE9X engines, was finished by the American multinational aerospace giant Boeing. More than 300 3D printed components are fitted in GE9X engines. According to General Electric (GE), 3D printing has enabled to create the GE9X engine 10% more fuel efficient than the GE90 engine. Market intelligence company Netscribes estimates that additive manufacturing (AM) techniques will produce global annual revenue of $8.7 billion by 2020.

The aircraft engines market is segmented by type into turboprop; turboshaft; turbofan; piston engine, by technology into conventional engine; electric/hybrid, by platform into fixed wing; rotary wing and by application into general aviation; business aviation; recreational aviation; others.

In October 2019, Rolls-Royce, a UK based aircraft engine manufacturing company, acquired Siemens's electric Aircraft business (electric and hybrid-electric aerospace propulsion) unit of Siemens conglomerate for an undisclosed amount. The acquisition is intended to boost Rolls-Royce efforts in aircraft electrification, including a hybrid eVTOL concept announced in 2018. Siemens is a Germany based conglomerate company.

The growing air passenger traffic is expected to propel the growth of the aircraft engine market over coming years. In 2020, total air passenger traffic increased by 19% until 31 August, with carriers flying more than 70 lakh passengers during the period following a two-month pause from 25 May after the re-opening of domestic airline facilities in a graded manner. In order to meet the increasing air traffic, the number of airlines are revamping their fleet by purchasing new aircraft that create demand for new engines. In 2018, the International Air Transport Association (IATA) has disclosed that the number of passengers could double in 2037 to 8.2 billion. Therefore, the growing air passenger traffic drives the growth of the aircraft engine market.

The high maintenance cost of the aircraft engines is expected to restrict the growth of the aircraft engines market in the coming years. Maintenance of aircraft engines is a step-by - step process consisting of washing and drying components of the jet engine, quality checks of the interiors and exteriors, disassembling of the engine, repair and replacement of any portions, and then reassembly and testing of the engine. Throughout the process, multiple devices are used to assist trained inspectors and other creative methods, such as robots, can be implemented for maintenance. Small jet engine revamp costs around $200-$300 thousand per engine. Larger engines will hit $3 million. Therefore, the high maintenance cost of the aircraft engines restraints the growth of the aircraft engines market.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • General Electric Company
  • Rolls Royce
  • Honeywell International
  • United Technologies Corporation
  • Safran
  • International Aero Engines
  • MTU Aero Engines
  • Textron
  • Hindustan Aeronautics
  • Klimov
  • Continental Motors Group
  • United Engine
  • Motor Sich
  • AVIC Aircraft
  • Aero Engine Corporation of China
  • Barnes Group
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll